Templeton Dragon Fund, Inc. (NYSE:TDF) Declares $0.10 Quarterly Dividend

Templeton Dragon Fund, Inc. (NYSE:TDF) announced a quarterly dividend on Thursday, March 12th. Investors of record on Tuesday, March 24th will be given a dividend of 0.10 per share by the financial services provider on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 3.6%. The ex-dividend date is Tuesday, March 24th.

Templeton Dragon Fund Trading Down 1.4%

Shares of TDF traded down $0.16 during mid-day trading on Friday, reaching $11.12. 15,684 shares of the company’s stock traded hands, compared to its average volume of 115,106. Templeton Dragon Fund has a 12 month low of $8.13 and a 12 month high of $12.20. The stock’s 50-day moving average is $11.63 and its two-hundred day moving average is $11.47.

Templeton Dragon Fund Company Profile

Templeton Dragon Fund (NYSE:TDF) is a closed-end investment company managed by Franklin Templeton Investment Funds. Established in March 1987, the fund was one of the earliest U.S.-listed vehicles dedicated to providing exposure to the Greater China equity markets. Over its long operating history, Templeton Dragon Fund has sought to capture growth opportunities in a region undergoing rapid economic transformation.

The fund’s primary investment objective is long-term capital appreciation through a diversified portfolio of common stocks, depositary receipts and other equity-related securities of companies domiciled in, or deriving significant revenue from, Mainland China, Hong Kong and Taiwan.